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...heard until recently among Japanese bankers. At Shinsei, Yashiro abolished promotions and raises based on seniority, the rigid classification of employees according to education and the hierarchical wearing of uniforms by the assistant-level "office ladies" at company headquarters. Then he really took on Japan's business practices. Employing un-Japanese ruthlessness, he slashed the bad-loan ratio to 5.7%, down from 20%, and then launched service-oriented new products. "We had to change our mind-set," he says. "You have to look for solutions to [customers'] problems." Oh, yeah, Yashiro makes money too. The bank's profits jumped...

Author: /time Magazine | Title: Masamoto Yashiro: SHINSEI BANK | 12/17/2004 | See Source »

...destiny was not to make a film,” says Jean Pierre Jeunet of the long, obstacle-filled journey that he endured to create his latest film, Un Long Dimanche de Fiancailles or A Very Long Engagement. The statement is particularly surprising coming from the French director best known for creating the pervasive crowd-pleaser Amélie, one of the most widely praised films of 2001. Despite that film’s tremendous success in his home country, Jeunet insists, “You must be very strong to make a film like [A Very Long Engagement...

Author: By Emily G.W. Chau, CONTRIBUTING WRITER | Title: Amelie Director Reengages Fans | 12/17/2004 | See Source »

...with the explosive “Debaser.” The song, the closest thing the college rock scene ever got to an anthem—as well as the catchiest (and only) love song ever written about Buñuel and Dalí’s Un chien andalou—immediately animated the crowd. The sound was clean, loud and well-mixed. The bass anchored, the drums propelled, the guitars sang and Black’s voice mauled. The Pixies were back together. This is what the crowd had waited 12 years to hear...

Author: By Eric L. Fritz, CONTRIBUTING WRITER | Title: Pixies Back in Boston | 12/17/2004 | See Source »

...manager of the luxurious Hotel Mille Collines in the Rwandan capital of Kigali. Hundreds of Tutsi civilians sought refuge inside the walls of his hotel. As genocidal Hutu extremists massed along the Mille Collines’ perimeter, Rusesabagina called for help. The US and its allies in the UN Security Council shamelessly ignored Rusesabagina’s cry. The top UN peacekeeper in Rwanda at the time, Lt. Gen. Romeo Dallaire, recounts in his memoirs: “the people in the Mille Collines were like live bait being toyed with by a wild animal, at constant risk of being...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: 'Rwanda' Turns Back to Genocide | 12/17/2004 | See Source »

...think of the United Nations as some type of moral beacon...but the moral compass of the UN is broken,” said Dore Gold, who represented Israel on the UN between...

Author: By Alexandra C. Wood, CONTRIBUTING WRITER | Title: Israeli Ambassadors Criticizes U.N. | 12/16/2004 | See Source »

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